Bristol Retail Solutions Inc., Hayman Systems and MICROS of South Florida Reports That They Have Mutually Agreed to Suspend Merger Discussions.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--June 22, 1999-- Bristol Retail Solutions Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BRTLC)(NASDAQ:BRTLWC), Hayman Systems of Laurel, Md. and MICROS of South Florida Inc. Tuesday announced that all companies have mutually agreed to terminate the previously agreed-to letter of intent concerning Bristol's acquisition of Hayman Systems and MICROS of South Florida. The companies also announced that discussions regarding Bristol's acquisition of Hayman Systems and MICROS of South Florida may resume in the future based upon financial and business conditions of Bristol. Bristol Retail Solutions, with headquarters in Newport Beach, provides retail automation products and services through an expanding network of point-of-sale businesses. In conjunction with the provisions of the new "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " section of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, this press release may contain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that actual results will not materially differ from expectations. Further information on potential factors which could affect Bristol Retail Solutions Inc. are included in the company's 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. filed with the Securities and Exchange Commission. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion